Ranjan Pal

  1. Cyber-Insurance in Internet Security: A Dig into the Information Asymmetry Problem.

    Authors: Ranjan Pal
    Subjects: Cryptography and Security
    Abstract

    Internet users such as individuals and organizations are subject to different
    types of epidemic risks such as worms, viruses, spams, and botnets. To reduce
    the probability of risk, an Internet user generally invests in traditional
    security mechanisms like anti-virus and anti-spam software, sometimes also
    known as \emph{self-defense} mechanisms. However, according to security
    experts, such software (and their subsequent advancements) will not completely
    eliminate risk.

  2. The Impact of Secure OSs on Internet Security: What Cyber-Insurers Need to Know.

    Authors: Pan Hui, Ranjan Pal
    Subjects: Cryptography and Security
    Abstract

    In recent years, researchers have proposed \emph{cyber-insurance} as a
    suitable risk-management technique for enhancing security in Internet-like
    distributed systems. However, amongst other factors, information asymmetry
    between the insurer and the insured, and the inter-dependent and correlated
    nature of cyber risks have contributed in a big way to the failure of
    cyber-insurance markets.

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